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You purchased four September corn futures contracts at what turned out to be the lowest price of the day and sold those contracts at today's
You purchased four September corn futures contracts at what turned out to be the lowest price of the day and sold those contracts at today's close. What is your total profit or loss on this investment? Options; A) 14,250, B) -1,100, C) 1,100, D) -287.50 E) 2,875
You purchased four September corn futures contracts at what turned out to be the lowest price of the day and sold those contracts at today's close. What is your total profit or loss on this investment? Contract Sep, Corn, 5,000 bu, cents/bu Sep, Wheat, 5,000 bu, cents/bu Open 615.50 814.00 High Low 618.25 608.00 820.00 808.50 Close 613.50 811.00Step by Step Solution
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